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Wednesday, August 10, 2005

FTEC oh FTEC!

This is the 2nd time this sort of things happened to me in 2 months. I sold FTEC at 0.305, "thinking" that it will not break the 0.31 resistance. I was very wrong, it break this barrier and zoom pass to 0.35. Imagine the lost profit!?

The first one was with Ramunia when I sold it at 0.87 (which eventually goes to above 1.00 in another 2 days time).

So why? Why do I always sell my winners and ride my losers? Why do I always sell early? What have I done wrong? Have I violated my own rules? More things to wonder....or is it a luck factor?

If anyone is reading this, please tell me the best exit strategy. I still have a lot to learn.

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